# Draexlmaier secures EUR 75 million EBRD loan for expansion

The European Bank for Reconstruction and Development is lending up to EUR 75 million to Draexlmaier Group for investments in electric mobility and capital expenditures in Romania, North Macedonia, and Moldova. The project supports expansion of production capacity for high-voltage harnesses and battery systems.

- Type: Investment
- Announced: 2024-04-22
- Where: Romania, North Macedonia, Moldova, Romania
- Value: $81.8M (75.0M EUR)
- Status: announced
- Products: high-voltage harnesses, battery systems for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Draexlmaier Group](https://endata.com/companies/76952.md)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)

## Sources

- [romania-insider.com](https://www.romania-insider.com/draexlmaier-ebrd-loan-investments-romania-april-2024), 2024-04-22: "The project supports the expansion of production capacity in Romania for high-voltage harnesses and battery systems for electric vehicles and will broaden access to market-relevant skills by introducing new training programmes on emerging technical skills and new apprenticeship programmes in collabo"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.